Banking / Financial Services

Industrial and Commercial Bank of China (Macau) Limited (“ICBC (Macau)”) is a group member of Industrial and Commercial Bank of China Limited (“ICBC”), which holds its 89.33% interest as at the end of 2017.

ICBC Macau is the result of a merger between the former SengHeng Bank Limited (“SHB”) and ICBC Macau Branch (“Macau Branch”), and was renamed as Industrial and Commercial Bank of China (Macau) Limited (“ICBC Macau”) upon completion of the acquisition. At the end of 2017, ICBC (Macau) had 3 subsidiaries, 19 branches, 1 Comprehensive Service Center, 4 Wealth Management Centers, 1 Peony Credit Card VIP Service Center, 1 SME Service Center, 31 self-help banks and a network of 420 ATMs located across Macau.

ICBC Macau has 3 whollyowned subsidiaries: ICBC (Macau) Capital Limited, ICBC (Macau) Pension Fund Management Company Limited and Seng Heng Development Company Limited.

ICBC (Macau) leverages its parent company’s signature strength, massive services network, cutting-edge technology, and excellent products of its foreign institutions to offer plenty of financial services to its clients:

• Corporate loan, revolving loan, banking syndicated loan, project loan, construction loan, trade financing and letter of credit or letter of guarantee, operating loan, mortgage loan, car loan, education loan, entrusted loan and M&A financing;
• Current deposit, savings deposit, time deposit, RMB deposit, redeemable time deposit, equity-linked notes, diversified services of Elite Club Account;
• Securities trading, funds agency, insurance agency, bond investment, foreign exchange investment, precious metal trading, wages distribution agency, receiving and paying agency, international settlement, remittance, currencies conversion, e-banking and card business service;
• Debt restructuring, financial consultancy, private banking service, assets management, investment portfolio management, pension fund management and its consultancy service.